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Nigerian Banks

Tinubu Seeks Senate Backing for Troop Deployment to Benin

Tinubu asks the Senate to approve a Benin troop deployment after a failed coup sparked an urgent request for military support

Dangote Pledges $700 Million For Nigerian Education

Aliko Dangote sets a $700 million plan to expand education access in Nigeria, targeting out-of-school children and long-term skills development.

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Tinubu Seeks Senate Backing for Troop Deployment to Benin

Tinubu asks the Senate to approve a Benin troop deployment after a failed coup sparked an urgent request for military support

Dangote Pledges $700 Million For Nigerian Education

Aliko Dangote sets a $700 million plan to expand education access in Nigeria, targeting out-of-school children and long-term skills development.

Army Rejects Claims of Shooting Women Protesters in Adamawa

Army rejects reports that troops shot women during Lamurde protest and links the deaths to gunfire from a rival community.

Gunmen Kill Motorist, Abduct Several Residents in Imo Community

Gunmen opened fire on vehicles in Amala, killing a motorist and abducting several people as police begin a search operation.